Starbucks: Wherefore Art Thou?
I don’t want to say Starbucks stock (SBUX) is a non-performer,
because I like Starbucks. But, the stock has been rather sucky lately, if you know what I mean.
Back in February 2017, the stock was downgraded to 3 stars by S&P Capital IQ, and Thomas Reuters gives is a 6, neutral.
So, it hasn’t been suffering serious declines like many of the brick-and-mortar stores, but it hasn’t been doing great like some of the defense companies like BA and LMT.
Starbucks isn’t the biggest contender in my portfolio. But, because I like the company, I have a few shares so it’s no biggy if the stock tanks.
The bottomline: I’m holding on to SBUX for the long term.